The Australian banking sector is expected to spend AU$18.5bn on tech in 2020
FinTech is changing banking Down Under and next year might see the sector reach new heights, according to research firm Gartner.
Aviatrix closes $40m Series C round led by CRV
Aviatrix, a provider of networking and security services for the cloud space, has raised $40m in its Series C.
GIACT launched new identity monitoring solution gIDENTIFY
Identity verification RegTech GIACT has launched, gIDENTIFY Persistent Monitoring, a new identity monitoring solution that automates the monitoring of specific personally identifiable information (PII).
Regulators must punish traditional and challenger banks harsher to avoid IT failures, Treasury committee...
British lawmakers have had enough of banks’ IT problems and urge regulators to become stricter in the future, punishing those that fail to live up to expectations.
Data analytics platform RavenPack scores $10m in funding
RavenPack, a data analytics platform for financial institutions, has scored $10m in funding from technology advisory and investment firm GP Bullhound.
IDnow secures $40m in a growth equity round as it pursues growth ambitions
IDnow, an identity verification-as-a-service solution, has collected $40m in a growth equity investment from private equity firm Corsair Capital.
Jumio Go is a new tool to verify identities in a smooth way
After partnering up with TSB Bank earlier this year, Jumio is now announcing its latest identity-verification tool.
StepLadder raises £1.5m in seed funding
StepLadder, a UK-based FinTech helping first-time buyers to buy a property, has reportedly raised £1.5m in seed funding.
Identity checking startup Zamna raises $5m
Zamna, the blockchain-powered identity-checking startup, has raised $5m in a seed round led by venture capital firms LocalGlobal and Oxford Capital.
Nearly 50% of wealth managers to close if digital transformation is ignored – Nucoro
Just over half of the companies in the wealth management sector will still be around in 10 years-time if they fail to innovate digitally, according to new research from B2B solution developer Nucoro.